India Daybook Stocks in News
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Force Motors: March Auto Sales up 34% at 3248 units YoY (Positive)
Dr Reddy's: Company inks pact with Bayer to market a second brand of Vericiguat, a drug indicated for chronic heart failure. (Positive)
Indiabulls Real Estate: Company to raise Rs 3911cr via preferential allotment-Floor price Rs 111.51/share (Positive)
Tata Steel: Company Q4 crude steel production stood at 5.38 MT vs 5.15 MT, up 4.5% year-on-year. (Positive)
Kalyan Jewellers: Company has reported a 34% increase in consolidated revenue for the quarter-ended March and a 31% growth in FY24. (Positive)
RITES: Company partners with IIT Madras for innovation in green energy (Positive)
Shalby: Company availing enhanced banking facilities up to Rs 168.53 crore from IndusInd Bank (Positive)
TFCIL: Company has approved allotment of 22,23,000 equity shares of at price of Rs 225 to Mr Aditya Kumar Halwasiya (Positive)
Aster DM: Board meeting on april 12 to consider declaration of interim dividend for the financial year 2023-24 (Positive)
Galaxy Surfactants: Company says incorporated unit namely Galaxy Specialties Europe B.V. (Positive)
Greaves: Signs tech transfer agmt with Tsuyo to manufacture components designed for low-speed 3-wheelers (Positive)
Utkarsh SFB: Collection efficiency for bank’s micro banking loan portfolio was 97.6% for Q4 (Positive)
Mahindra EPC: Company awarded contracts worth 132m rupees for supply of micro irrigation systems. (Positive)
Voltas: Company posts highest-ever AC sale of two million units in FY24 aided by consistent demand for cooling products (Positive)
Nykaa: Company expects revenue growth over 25% for the March quarter (Positive)
Cochin Shipyard: Company signs MSRA with US Navy to repair US Naval Vessels under Military Sealift Command. (Positive)
Adani Wilmar: Company registered a double-digit volume growth in both the edible oils and foods business in the March quarter. (Positive)
Chola Inv: Disbursements up 17% at Rs 24,600 cr vs Rs 21,020 cr, FY24 disbursements up 33% at Rs 88,300 cr vs Rs 66,532 cr. (Positive)
Gulshan Poly: Company receives order from BPCL and HPCL for supply of ethanol (Positive)
Tata Steel: India production up 4.5% at 5.38 mt vs 5.15 mt (YoY) India deliveries up 5% at 5.41 mt vs 5.15 mt (YoY) (Positive)
Vodafone Idea: Board approves Issuance of 139.5 Crore Shares at Rs 14.87/ Share – Aggregating Rs 2075 Crores to Oriana Investments (Positive)
Vedanta: BlackRock, ADIA, domestic funds hike stake in Vedanta (Positive)
Gland Pharma: Company gets U.S. FDA approval for Eribulin Mesylate injection (Positive)
Selan: Investor Dolly Khanna name appears with 1.03% stake in co during Q4 (Positive)
Aurobindo Pharma: Company appoints Mr. T Vijaya Kumar as President, R & D w.e.f from April 5, 2024 (Positive)
Adani Green: Adani begins commercial output of wafers, ingots for solar power (Positive)
Signature Global: FY24 pre-sales grow 112% to Rs 7270 cr, collections rise 62% to Rs 3110 cr (Positive)
Strides: US FDA concludes cGMP inspection at Stride Pharma’s Alathur, Chennai facility with 2 observation (Neutral)
Landmark: Company has incorporated wholly owned subsidiary landmark premium cars (Neutral)
GEPIL: Company secures a purchase order from MRPL for Spares for STG, valued at INR 10.1 Crores. (Neutral)
RR Kabel: Company promoter Sumeet Kabra sells 4.03% stake to Esses Family Private Trust & Esses Shares Family Private Trust (Neutral)
JSW Energy: Company raises Rs 5,000 crore via QIP at an issue price of Rs 485/share. (Neutral)
Aurobindo Pharma: Company says the U.S. health regulator has issued three observations after inspecting the Andhra Pradesh-based manufacturing unit of its subsidiary. (Neutral)
Indiamart Intermesh: Company re-appoints Dinesh Chandra Agarwal as MD & CEO. (Neutral)
Tata Power: Company has acquired 100% equity stake in Jalpura Khurja Power Transmission Limited for Rs 3.86 crore. (Neutral)
Godrej CP: The FMCG reported organic business volume growth at high-single-digit. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
